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Posts Tagged ‘GM Takata airbags’

GM Allowed to Delay Takata Airbag Recall

Feds give time to Detroit maker to prove its bags used safer design.

by on Nov.22, 2016

General Motors received a reprieve from recalling 2.5 million vehicles with Takata airbags.

Federal regulators have given General Motors a temporary reprieve, allowing it time to prove that the Takata airbags used in 2.5 million vehicles, including the popular Chevrolet Silverado pickup, use a unique and safe design and thus don’t need to be recalled.

Ultimately, GM could be allowed to halt several other recalls involving Takata airbags, a move that could affect 6.8 million vehicles, in the process saving the automaker about $870 million, according to documents it filed with the U.S. Securities and Exchange Commission.

Safety News!

Faulty Takata airbags have so far been linked to at least 11 deaths in the U.S. and 16 worldwide. That has led to the recall of about 100 million vehicles globally, according to industry estimates, half of them in the United States. (more…)

GM’s Tab for Takata May be $870 Million

Company doesn't believe it will have to make Takata-related repairs.

by on Jul.22, 2016

General Motors faces an $870 million liability related to Takata airbags in 6.8 million vehicles.

General Motors Co. faces potential liabilities of $870 million if it has to replace 6.8 million Takata airbags in cars, full-size trucks and sport-utility vehicles, according to documents filed by the company with the U.S. Securities and Exchange Commission.

The company doesn’t believe there is a safety defect at this time in any of its vehicles related to the airbags it has filed reports with the National Highway Traffic Safety Administration, covering 2.5 million full-size pick-up trucks and sport utility vehicles.

News Now!

“As a result of discussions with NHTSA and as described in the Preliminary DIR, GM will have an opportunity to prove to NHTSA that the inflators in these vehicles do not pose an unreasonable risk to safety,” the company noted in the filing. (more…)